C21 Investments (CXXIF) Operating Expenses (2018 - 2026)
C21 Investments' Operating Expenses was $3.64 million in fiscal Q1 2027 (quarter ended Jun 30, 2026), up 36.8% from $2.66 million a year earlier and up 75.3% from the prior quarter.
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Analysis
C21 Investments (CXXIF) Operating Expenses (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, C21 Investments' Operating Expenses was $11.32 million through Jun 30, 2026, up 2.3% year-over-year; for FY2026 (ended Mar 31, 2026), it was $11.33 million, up 0.4% from FY2025.
- Operating Expenses shows a five-year compound annual growth rate of 5.2% (FY2021 to FY2026).
- In earlier fiscal years, Operating Expenses was $11.28 million in FY2025, $106,283 in FY2024, $9.45 million in FY2023 (+4.3%) and $9.06 million in FY2022 (+2.8%).
- The fiscal Q1 2027 figure marks the highest quarterly Operating Expenses since fiscal Q3 2021.
- Compared with a year earlier, Operating Expenses was higher in three of the last six quarters, with growth averaging 15.2%.
- The best year-over-year quarter for Operating Expenses over five years was fiscal Q4 2025 (growth of 87.8%); the worst was fiscal Q3 2022 (a decline of 35.6%).
- Per Business Quant data, CXXIF's Operating Expenses in the three fiscal quarters before Q1 2027 was $2.07 million (Q4 2026), $2.67 million (Q3 2026) and $2.94 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | - |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 21.00 Mn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 165.69 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | -33.52 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 532.81 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 117.91 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 21.05 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 76.99 Mn |
| 10 | C21 Investments | 30.64 Mn | 20.57 Mn | 2.48 Mn | 3.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.64 Mn |
| Mar 31, 2026 | 2.07 Mn |
| Dec 31, 2025 | 2.67 Mn |
| Sep 30, 2025 | 2.94 Mn |
| Jun 30, 2025 | 2.66 Mn |
| Mar 31, 2025 | 2.79 Mn |
| Dec 31, 2024 | 2.66 Mn |
| Sep 30, 2024 | 2.96 Mn |
| Jun 30, 2024 | 2.87 Mn |
| Mar 31, 2024 | 1.49 Mn |
| Jan 31, 2024 | 2.36 Mn |
| Oct 31, 2023 | 2.53 Mn |
| Jul 31, 2023 | 2.62 Mn |
| Apr 30, 2023 | 2.16 Mn |
| Jan 31, 2023 | 2.29 Mn |
| Oct 31, 2022 | 2.53 Mn |
| Jul 31, 2022 | 2.34 Mn |
| Apr 30, 2022 | 2.29 Mn |
| Jan 31, 2022 | 2.22 Mn |
| Oct 31, 2021 | 2.36 Mn |
API Access
C21 Investments Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=CXXIF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CXXIF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=CXXIF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();